Cotton County, Oklahoma Property Taxes
Property Taxes in Cotton County, Oklahoma
Median Cotton County effective property tax rate: 0.85%, significantly lower than the national median of 1.02%.
Median Cotton County home value: $75,665
Median annual Cotton County tax bill: $565, $1,835 lower than the national median property tax bill of $2,400.
How are property taxes in Cotton County calculated?
Property taxes in Cotton County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Cotton County or another part of Cotton County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Cotton County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.85%
Estimate Property Tax Bill
$643
$597
How Does the Cotton County Property Tax Calculator Work?
Use this Cotton County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Cotton County's median effective tax rate of 0.85% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Cotton County’s median property tax bill is $565, compared with the national median property tax bill of $2,400 and the state median property tax rate of 0.90%.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Cotton County.
Property Tax Rates Across Cotton County, Oklahoma
What Are Effective Property Tax Rates Across Cotton County?
Local government entities set tax rates, which vary widely across Cotton County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Cotton County's effective property tax rate to other counties in Oklahoma or the U.S. median of 1.02%.
Cotton County's median effective rate stands at 0.85%, which is lower than the national median of 1.02%. Within Cotton County, the highest rate is found in Devol at 1.02%, while Temple has the lowest at 0.60%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cotton County Tax Rate
0.85%
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Oklahoma Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cotton County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chattanooga | 0.57% | 0.71% | 0.88% | 0.98% | 1.01% |
| Devol | 0.86% | 0.94% | 1.02% | 1.02% | 1.02% |
| Duncan | 0.62% | 0.75% | 0.91% | 0.98% | 1.01% |
| Geronimo | 0.76% | 0.84% | 0.94% | 1.07% | 1.14% |
| Hastings | 0.49% | 0.73% | 0.83% | 0.92% | 0.94% |
| Randlett | 0.71% | 0.88% | 1.01% | 1.02% | 1.02% |
| Temple | 0.30% | 0.45% | 0.60% | 0.78% | 0.99% |
| Walters | 0.59% | 0.70% | 0.84% | 0.95% | 0.99% |
| Comanche | N/A | N/A | N/A | N/A | N/A |
| Faxon | N/A | N/A | N/A | N/A | N/A |
| Grandfield | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Cotton County, Oklahoma
When examining property taxes in Cotton County, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cotton County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Cotton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cotton County.
For example, the median tax bill in Cotton County is $565, with tax bills ranging significantly across the county. Geronimo has the highest median home price at $157,138.
Median Cotton County Market Value
$75,665
Median Oklahoma Market Value
$160,842
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cotton County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chattanooga | $71,971 | $103,034 | $125,955 | $182,448 | $237,229 |
| Devol | $31,859 | $53,872 | $80,377 | $132,298 | $237,087 |
| Duncan | $24,043 | $64,113 | $119,500 | $147,124 | $156,799 |
| Geronimo | $51,572 | $97,964 | $157,138 | $222,623 | $283,383 |
| Hastings | $44,803 | $61,952 | $116,292 | $215,452 | $319,964 |
| Randlett | $13,720 | $24,311 | $49,535 | $89,343 | $159,316 |
| Temple | $19,236 | $31,288 | $54,415 | $87,726 | $136,394 |
| Walters | $29,559 | $46,559 | $83,538 | $136,457 | $213,930 |
| Comanche | N/A | N/A | N/A | N/A | N/A |
| Faxon | N/A | N/A | N/A | N/A | N/A |
| Grandfield | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Cotton County, Oklahoma
Property tax bills in Cotton County are based on the assessed value of a home and the local tax rate. Local taxing authorities apply that rate to the property’s assessed market value to determine the annual bill, so changes in home value or tax rates can affect what a homeowner owes. With a median home price of $75,665, bills can vary widely across the county depending on location and property characteristics.
The typical property tax bill is relatively low compared with the national median property tax bill of $2,400. In Cotton County, the tax bill at the 25th percentile is $320, while the 75th percentile reaches $1,006 and the 90th percentile is $1,714. That means many homeowners pay less than the national median, but some properties still face substantially higher bills. Median tax bills also differ by city, from $314 in Temple to $1,522 in Geronimo.
Median Cotton County Tax Bill
$565
Median Oklahoma Tax Bill
$1,339
Median United States Tax Bill
$2,400
Property Tax Bills Across Cotton County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chattanooga | $376 | $744 | $1,042 | $1,737 | $2,331 |
| Devol | $322 | $522 | $806 | $1,230 | $2,326 |
| Duncan | $38 | $178 | $925 | $1,235 | $1,554 |
| Geronimo | $522 | $819 | $1,522 | $2,190 | $2,450 |
| Hastings | $249 | $485 | $953 | $1,620 | $2,705 |
| Randlett | $124 | $214 | $480 | $850 | $1,577 |
| Temple | $69 | $149 | $314 | $540 | $895 |
| Walters | $238 | $390 | $630 | $1,056 | $1,784 |
| Comanche | N/A | N/A | N/A | N/A | N/A |
| Faxon | N/A | N/A | N/A | N/A | N/A |
| Grandfield | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 6 |
Links | |
|---|---|
| Cotton Tax Assessor | |
| Website | oktaxrolls.com |